Striving to Be the Berkshire Hathaway of China

``Fosun International aspires to be China's answer to Warren E. Buffett's investment firm, Berkshire Hathaway, and it wants to be sure everyone knows it. On Friday, the Shanghai-based Fosun announced that it had won the bidding for Portugal's biggest insurance company with an offer of 1 billion euros, or $1.4 billion, beating out the American private equity firm Apollo Global Management... Fosun still has some way to go to catch up. In the first half of last year, it took in $3.1 billion; in the same period, Berkshire's revenue was $88.6 billion.''